DYNAMICS OF MANAGING PERSONAL FINANCES: A STUDY OF OUT OF TOWN STUDENTS OF FEB UNM

Abstract

This study aims to analyze the experiences of migrant students in managing their monthly allowance. This research method uses a qualitative approach, involving several migrant students from various departments at the Faculty of Economics and Business at Makassar State University. Data were collected through interviews and questionnaires. The results of the study indicate that most migrant students have experience in financial management skills. Pocket allocation influences saving habits, but if uncontrolled, it has the potential to lead to consumptive behavior. The implications of this study suggest the need for financial education for students to increase awareness of effective pocket money management in various conditions and situations